PPP Loan information for Red bank recycling and auto wreckers inc

$150,000

Red bank recycling and auto wreckers inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 03/04/2021 by The Valley National Bank reported 12 jobs and $150,000 was used to fund payroll.

Red bank recycling and auto wreckers inc is Existing or more than 2 years old

RED BANK RECYCLING AND AUTO WRECKERS INC

Date Approved

03/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RED BANK RECYCLING AND AUTO WRECKERS INC

Borrower Address

64 Central Ave

Borrower City

Red Bank

Borrower State

NJ

Borrower Zip

07701-1521

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Bank

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-1521

CD

NJ-06

Jobs Reported

12

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151025.00

Forgiveness Date

11/26/2021

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